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i used 2 credit personal cards to operate my company there…

Customer Question
i used 2 credit personal...
i used 2 credit personal cards to operate my company there was an accident and two people were hurt my work truck was held by the attorney of the hurt employees
he had parts taken off the truck and held for him after he had his experts check
he kept the parts and oked the repaired .well my truck was repaired the insurance
company refused to pay for the parts taken by said attorney because he said it was ok to repair only because i asked who was gonna pay me for lost time money was i able
to get my insurance to cover all costs they kept my truck 3 months the company is now bankrupt can i roll my credit cards in to the bankrupcy and is there recorse from
the insurance co. and the attorney thanks jim what can i do?
Submitted: 8 years ago.Category: Legal
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Answered in 14 minutes by:
6/10/2010
Lawyer: socrateaser, Lawyer replied 8 years ago
socrateaser
socrateaser, Lawyer
Category: Legal
Satisfied Customers: 40,145
Experience: Retired
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The only way that you could roll the credit cards into a business bankruptcy would be to have the company pay off the cards for you. But, if there isn't any money in the company, then that won't work.

 

This leaves you with filing personal bankruptcy instead of business bankruptcy. Once you do that, no creditor can reach you. And, since the company has no assets, there would be no reason to file bankruptcy on it, because there is nothing to get from it, anyway.

 

Hope this helps.

 

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